DATA BOOK
FY2024 (2nd Quarter ended September 30,2023)
V-ACTION for sustainability
INDEX | ||
Achievement Transition | 1 | |
Segment Information | 2 | |
Overseas Sales | 4 | |
Balance Sheets | 5 | |
Statements of Income | 7 | |
Statements of Cash Flows | 8 | November 2nd,2023 |
Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.
Performance (Consolidated)
Net | sales | |||||||||
Millions of yen | ||||||||||
100,000 | ||||||||||
80,515 | 79,431 | |||||||||
73,000 | ||||||||||
80,000 | ||||||||||
60,000 | 20,578 | 18,030 | ||||||||
20,270 | 19,688 | |||||||||
40,000 | 34,672 | |||||||||
20,024 | 20,550 | |||||||||
17,373 | ||||||||||
20,000 | ||||||||||
21,161 | ||||||||||
19,642 | 17,298 | |||||||||
0 | ||||||||||
FY 2022 | FY 2023 | FY 2024 | FY 2024 forecast | |||||||
1Q 2Q 3Q 4Q
Ordinary income
Millions of yen
5,000
4,000 | 3,566 | ||||||||
214 | |||||||||
3,000 | |||||||||
780 | |||||||||
2,000 | 742 | ||||||||
1,000 | 1,828 | 33 | |||||||
0 | 722 | ||||||||
-1,000 | -1,365(3Q) | -670(1Q) | |||||||
-781(2Q) | |||||||||
-2,000 | |||||||||
-3,000 | -2,078(4Q) | -1,451 | |||||||
-2,800 | |||||||||
-4,000 | -2,687 | ||||||||
-5,000 | |||||||||
FY 2022 | FY 2023 | FY 2024 | FY 2024 | ||||||
1Q 2Q 3Q 4Q
DATA BOOK 2024
Operating income | ||||||||||||||||||||
Millions of yen | ||||||||||||||||||||
5,000 | ||||||||||||||||||||
4,000 | ||||||||||||||||||||
3,000 | 3,304 | 38 | ||||||||||||||||||
789 | ||||||||||||||||||||
2,000 | 772 | |||||||||||||||||||
1,000 | 1,703 | |||||||||||||||||||
0 | 571 | |||||||||||||||||||
-1,000 | -135(2Q) | -834(1Q) | ||||||||||||||||||
-1,426(3Q) | -993(2Q) | |||||||||||||||||||
-2,000 | ||||||||||||||||||||
-3,000 | -1,917(4Q) | -1,827 | ||||||||||||||||||
-2,900 | ||||||||||||||||||||
-4,000 | ||||||||||||||||||||
-2,907 | ||||||||||||||||||||
-5,000 | ||||||||||||||||||||
FY 2022 | FY 2023 | FY 2024 | FY 2024 forecast | |||||||||||||||||
1Q | 2Q | 3Q | 4Q | |||||||||||||||||
Profit attributable to owners of parent | ||||||||||||||||||||
Millions of yen | ||||||||||||||||||||
3,000 | ||||||||||||||||||||
1,502 | ||||||||||||||||||||
2,000 | ||||||||||||||||||||
383 | ||||||||||||||||||||
1,000 | 461 | |||||||||||||||||||
0 | 1,271 | 376 | ||||||||||||||||||
-614(4Q) | - | 314(1Q) | ||||||||||||||||||
-1,000 | -1,602(2Q) | -438(2Q) | ||||||||||||||||||
-753 | ||||||||||||||||||||
-2,000 | ||||||||||||||||||||
-1,495(3Q) | -1,700 | |||||||||||||||||||
-3,000 | ||||||||||||||||||||
-4,000 | ||||||||||||||||||||
-2,220(4Q) | ||||||||||||||||||||
-5,000 | ||||||||||||||||||||
-6,000 | -4,941 | |||||||||||||||||||
FY 2022 | FY 2023 | FY 2024 | FY 2024 forecast | |||||||||||||||||
1Q 2Q 3Q 4Q
FY 2022 (2Q) | FY 2023 (2Q) | FY 2024 (2Q) | FY 2022 | FY 2023 | FY 2024 forecast | ||||||||
Consolidated | |||||||||||||
Millions of | % Change | Millions of | % Change | Millions of yen | % Change | Millions of | % Change | Millions of | % Change | Millions of | % Change | ||
yen | yen | yen | yen | yen | |||||||||
Net sales | 39,667 | 23.1 | 41,712 | 5.2 | 34,672 | △ 16.9 | 80,515 | 14.1 | 79,431 | △ 1.3 | 73,000 | △ 8.1 | |
Operating | 2,475 | 155.3 | 436 | △ 82.4 | △ 1,827 | - | 3,304 | 1.4 | △ 2,907 | - | △ 2,900 | - | |
income | |||||||||||||
Ordinary income | 2,571 | 120.3 | 756 | △ 70.6 | △ 1,451 | - | 3,566 | △ 2.3 | △ 2,687 | - | △ 2,800 | - | |
Profit attributable to | 1,733 | 143.9 | △ 1,225 | - | △ 753 | - | 1,502 | △ 30.7 | △ 4,941 | - | △ 1,700 | - | |
owners of parent | |||||||||||||
Capital expenditure, etc.
FY 2022 (2Q) | FY 2023 (2Q) | FY 2024 (2Q) | FY 2022 | FY 2023 | FY 2024 forecast | |||||||
Consolidated | ||||||||||||
Millions of | Increase | Millions of | Increase | Millions of yen | Increase | Millions of | Increase | Millions of | Increase | Millions of | Increase | |
yen | /Decrease | yen | /Decrease | /Decrease | yen | /Decrease | yen | /Decrease | yen | /Decrease | ||
Capital investment | 1,416 | 486 | 1,682 | 266 | 1,323 | △ 358 | 6,567 | △ 11,991 | 4,025 | △ 2,541 | 5,000 | 974 |
Depreciation | 1,385 | △ 55 | 1,698 | 313 | 2,779 | 1,080 | 3,120 | 139 | 4,477 | 1,357 | 6,000 | 1,522 |
R&D expenses | 1,511 | △ 57 | 1,503 | △ 7 | 1,447 | △ 55 | 3,100 | △ 147 | 3,024 | △ 75 | 3,500 | 475 |
Interest-bearing debt | 22,346 | 642 | 31,169 | 8,823 | 40,635 | 9,466 | 26,680 | 4,891 | 35,052 | 8,371 | 43,000 | 7,947 |
EBITDA | 3,938 | 1,418 | 2,135 | △ 1,802 | 952 | △ 1,183 | 6,500 | 77 | 1,569 | △ 4,931 | 3,100 | 1,530 |
[ EBITDA ] Operating profit before amortization = Operating profit + Depreciation expense + Amortization of goodwill
1
DATA BOOK 2024
Segment Information (Consolidated)
Functional Coating Chemicals
Net sales(Millions of yen)
20,000
16,226 | 15,700 | 15,000 | |||||||||||||||
15,000 | |||||||||||||||||
4,034 | 3,592 | ||||||||||||||||
10,000 | |||||||||||||||||
4,066 | 4,109 | 6,937 | |||||||||||||||
3,961 | 3,879 | ||||||||||||||||
5,000 | 3,401 | ||||||||||||||||
4,164 | 4,119 | ||||||||||||||||
0 | 3,536 | ||||||||||||||||
FY 2022 | FY 2023 | FY 2024 | FY 2024 | ||||||||||||||
forecast | |||||||||||||||||
1Q | 2Q | 3Q | 4Q | ||||||||||||||
Segment income(Millions of yen)
1,200 | 1,082 | |||||
900 | 157 | |||||
248 | ||||||
600 | 338 | |||||
335 | ||||||
300 | 64 | 250 | ||||
337 | 108 | 109 | ||||
220 | ||||||
0 | 33 | 75 | ||||
-57(4Q) | ||||||
-300 | ||||||
FY 2022 | FY 2023 | FY 2024 | FY 2024 | |||
forecast | ||||||
1Q | 2Q | 3Q | 4Q | full-year |
Paper Chemicals & Environmental Business
Net sales(Millions of yen)
25,000 | 20,991 | 21,500 |
20,000 | 18,652 | ||||||||||||||||
5,183 | |||||||||||||||||
15,000 | 4,640 | ||||||||||||||||
5,404 | 9,883 | ||||||||||||||||
10,000 | 4,874 | ||||||||||||||||
5,000 | 4,807 | 5,487 | 5,174 | ||||||||||||||
4,916 | |||||||||||||||||
4,708 | |||||||||||||||||
0 | 4,330 | ||||||||||||||||
FY 2022 | FY 2023 | FY 2024 | FY 2024 | ||||||||||||||
forecast | |||||||||||||||||
1Q | 2Q | 3Q | 4Q | ||||||||||||||
Segment income(Millions of yen)
1,200 | |||||
969 | |||||
900 | 211 | ||||
240 | 700 | ||||
600 | |||||
321 | 310 | 330 | |||
300 | 297 | 44 | 35 | 241 | |
157 | |||||
0 | 73 | 89 | |||
FY 2022 | FY 2023 | FY 2024 | FY 2024 | ||
forecast | |||||
1Q | 2Q | 3Q | 4Q | full-year |
Adhesive & Biomass Materials
Net sales(Millions of yen)
40,000
32,530 | 29,977 | |||||||||||||||
30,000 | 8,480 | 25,000 | ||||||||||||||
6,539 | ||||||||||||||||
20,000 | 8,223 | 7,352 | 12,393 | |||||||||||||
10,000 | 7,954 | 7,525 | ||||||||||||||
6,169 | ||||||||||||||||
8,560 | ||||||||||||||||
7,871 | ||||||||||||||||
0 | 6,223 | |||||||||||||||
FY 2022 | FY 2023 | FY 2024 | FY 2024 | |||||||||||||
forecast | ||||||||||||||||
1Q | 2Q | 3Q | 4Q | |||||||||||||
Segment income(Millions of yen)
1,000 | 206 | |||||||||
183 | -42(1Q) | |||||||||
0 | 507 | |||||||||
- | 120(3Q) | -371(2Q) | -944(1Q) | |||||||
-1,000 | -363(4Q) | |||||||||
-1,545(3Q) | -857(2Q) | |||||||||
-2,000 | ||||||||||
-1,911(4Q)-1,802 | ||||||||||
-3,000 | ||||||||||
-4,000 | ||||||||||
-3,550 | ||||||||||
-3,871 | ||||||||||
-5,000 | ||||||||||
FY 2022 | FY 2023 | FY 2024 | FY 2024 | |||||||
forecast |
1Q 2Q 3Q 4Q full-year
Fine Chemicals & Electronics
Net sales(Millions of yen)
Segment income(Millions of yen)
15,000
10,000
5,000
0
12,826
12,57011,400
3,369 2,695
3,028 2,802
5,419
3,220 3,580 2,606
3,207 3,492 2,812
FY 2022 | FY 2023 | FY 2024 | FY 2024 |
forecast
1Q 2Q 3Q 4Q
800 | 552 | ||||
600 | |||||
349 | |||||
400 | 275 | ||||
150 | |||||
200 | 125 | ||||
56 | |||||
173 | |||||
0 | 166 | ||||
-22(2Q) | -24(4Q) | -98(1Q) | |||
-200 | |||||
-221(2Q) | |||||
-400 | -319 | ||||
-600 | -500 | ||||
FY 2022 | FY 2023 | FY 2024 | FY 2024 | ||
forecast | |||||
1Q | 2Q | 3Q | 4Q | full-year |
2
DATA BOOK 2024 | |||||||||||||||
Segment Information (Consolidated) | |||||||||||||||
FY 2022 (2Q) | FY 2023 (2Q) | FY 2024 (2Q) | FY 2022 | FY 2023 | FY 2024 forecast | ||||||||||
Consolidated | |||||||||||||||
Miliions of | % Change | Miliions of | % Change | Miliions of yen | % Change | Miliions of | % Change | Miliions of | % Change | Miliions of | % Change | ||||
yen | yen | yen | yen | yen | |||||||||||
Functional | Net sales ※1 | 8,126 | 16.1 | 7,998 | △ 1.6 | 6,937 | △ 13.3 | 16,226 | 7.1 | 15,700 | △ 3.2 | 15,000 | △ 4.5 | ||
Coating | Segment income | 676 | 28.2 | 329 | △ 51.3 | 109 | △ 66.8 | 1,082 | △ 2.9 | 335 | △ 69.0 | 250 | △ 25.5 | ||
Chemicals | |||||||||||||||
Segment income/sales | 8.3% | 4.1% | 1.6% | 6.7% | 2.1% | 1.7% | |||||||||
Paper | Net sales ※1 | 9,137 | 16.1 | 10,403 | 13.9 | 9,883 | △ 5.0 | 18,652 | 9.1 | 20,991 | 12.5 | 21,500 | 2.4 | ||
Chemicals & | |||||||||||||||
Segment income | 618 | - | 230 | △ 62.7 | 330 | 43.2 | 969 | 71.4 | 310 | △ 67.9 | 700 | 125.2 | |||
Environmental | |||||||||||||||
Business | Segment income/sales | 6.8% | 2.2% | 3.3% | 5.2% | 1.5% | 3.3% | ||||||||
Adhesive & | Net sales ※1 | 15,825 | 37.0 | 16,086 | 1.6 | 12,393 | △ 23.0 | 32,530 | 26.1 | 29,977 | △ 7.8 | 25,000 | △ 16.6 | ||
Biomass | Segment income | 690 | 21.1 | △ 414 | - | △ 1,802 | - | 206 | △ 86.7 | △ 3,871 | - | △ 3,550 | - | ||
Materials | |||||||||||||||
Segment income/sales | 4.4% | △2.6% | △14.5% | 0.6% | △12.9% | △14.2% | |||||||||
Fine Chemicals | Net sales ※1 | 6,428 | 13.7 | 7,072 | 10.0 | 5,419 | △ 23.4 | 12,826 | 4.7 | 12,570 | △ 2.0 | 11,400 | △ 9.3 | ||
& | Segment income | 151 | 51.2 | 223 | 47.7 | △ 319 | - | 552 | 4.6 | 349 | △ 36.7 | △ 500 | - | ||
Electronics | |||||||||||||||
Segment income/sales | 2.4% | 3.2% | △5.9% | 4.3% | 2.8% | △4.4% | |||||||||
Net sales ※1 | 149 | 5.4 | 151 | 1.4 | 38 | △ 74.7 | 279 | 6.2 | 191 | △ 31.4 | 100 | △ 47.8 | |||
Others | |||||||||||||||
Segment income | 23 | 99.6 | 18 | △ 21.2 | 16 | △ 10.4 | 45 | 72.8 | 42 | △ 7.3 | 40 | △ 4.9 | |||
Segment income/sales | 15.9% | 12.3% | 43.6% | 16.2% | 22.0% | 40.0% | |||||||||
Net sales ※1 | 39,667 | 23.1 | 41,712 | 5.2 | 34,672 | △ 16.9 | 80,515 | 14.1 | 79,431 | △ 1.3 | 73,000 | △ 8.1 | |||
Subtotal | |||||||||||||||
Segment income | 2,160 | 71.4 | 388 | △ 82.0 | △ 1,666 | - | 2,855 | △ 24.6 | △ 2,832 | - | △ 3,060 | - | |||
Segment income/sales | 5.4% | 0.9% | △4.8% | 3.5% | △3.6% | △4.2% | |||||||||
Development | △ 216 | - | △ 198 | - | △ 193 | - | △ 437 | - | △ 406 | - | △ 400 | - | |||
Investment ※2 | |||||||||||||||
Consolidated | Segment income | 1,943 | 81.3 | 189 | △ 90.2 | △ 1,859 | - | 2,418 | △ 29.1 | △ 3,239 | - | △ 3,460 | - | ||
total | |||||||||||||||
Segment income/sales | 4.9% | 0.5% | △5.4% | 3.0% | △4.1% | △4.7% | |||||||||
※1 The sales of business segmentation do not include intersegment sales.
The Accounting Standard for Revenue Recognition is applied from the beginning of the fiscal year ending march 31, 2022. ※2 Applied research and development expense that will be the source of growth in the medium to long term.
[Functional Coating Chemicals] UV/EB curable resin,Resins for paint and printing ink,etc.
[Paper chemicals & Environmental Business] Paper strengthening agent,Sizing agent,New water-based polymer,etc.
[Adhesive & Biomass Materials] Hydrogenated hydrocarbon resin,Adhesive resin,Colorless rosin derivative,Synthetic rubber polymerization emulsifier,etc.
[Fine Chemicals & Electronics] Precise parts cleaning agent and Cleaning system and its peripheral equipment,Thermoplastic Polyimide Solution,Fine chemical Products,Compounded Products for electronic material,Polishing agent for hard disk substrates,etc.
[Others] Insurance business, Real estate management, etc.
Depreciation expense of Chiba Arkon Production, Limited
(millions of yen)
FY2023 | FY2024 | FY2025 | FY2026 |
Forecast | Forecast | Forecast | |
1,043 | 2,400 | 1,900 | 1,500 |
3
DATA BOOK 2024 | |||||||||
Overseas Sales (Consolidated) | |||||||||
Overseas | Sales (Consolidated) | ||||||||
Millions of yen | % | Millions of yen | % | ||||||
25,000 | South and North America, Europe, Others | 50.0 | 50,000 | 50.0 | |||||
Asia (Excluding China) | Overseas sales ratio | ||||||||
China | 44.5 | 43.9 | |||||||
43.2 | 43.7 | 41.8 | 41.1 | |||||
20,000 | 40.0 | 40,000 | 40.0 | |||||
18,219 | ||||||||
35,849 | 34,849 | |||||||
17,154 | ||||||||
15,000 | 3,511 | 3,639 | 14,484 | 30.0 | 6,884 | 6,530 | 30,000 | |
30,000 | 30.0 | |||||||
2,260 | 4,500 | |||||||
10,000 | 6,022 | 7,020 | 20.0 | 12,695 | 12,928 | |||
20,000 | 12,000 | 20.0 | ||||||
5,706 | ||||||||
5,000 | 10.0 | 10,000 | 10.0 | |||||
7,620 | 7,559 | 6,518 | 16,269 | 15,389 | 13,500 | |||
0 | 0.0 | 0 | 0.0 | |||||
FY 2022 (2Q) | FY 2023 (2Q) | FY 2024 (2Q) | FY 2022 | FY 2023 | FY 2024 forecast | |||
FY 2022 (2Q) | FY 2023 (2Q) | FY 2024 (2Q) | FY 2022 | FY 2023 | FY 2024 forecast | |||||||||
Consolidated | ||||||||||||||
Millions of | % Change | Millions of | % Change | Millions of | % Change | Millions of | % Change | Millions of | % Change | Millions of | % Change | |||
yen | yen | yen | yen | yen | yen | |||||||||
Overseas sales | 17,154 | 40.4 | 18,219 | 6.2 | 14,484 | △ 20.5 | 35,849 | 28.5 | 34,849 | △ 2.8 | 30,000 | △ 13.9 | ||
Overseas sales in Asia | 13,643 | 43.0 | 14,579 | 6.9 | 12,224 | △ 16.2 | 28,965 | 27.1 | 28,318 | △ 2.2 | 25,500 | △ 10.0 | ||
Overseas sales in | 7,620 | 35.2 | 7,559 | △ 0.8 | 6,518 | △ 13.8 | 16,269 | 19.5 | 15,389 | △ 5.4 | 13,500 | △ 12.3 | ||
China | ||||||||||||||
Overseas sales ratio | 43.2% | 43.7% | 41.8% | 44.5% | 43.9% | 41.1% | ||||||||
Overseas sales by region (Consolidated)
Millions of yen | |
5,000 | |
China | |
4,000 | Asia (Excluding China) |
South and North America, Europe, Others | |
3,000 | |
2,000 | |
1,000 | |
0 | |
4 |
DATA BOOK 2024
Balance Sheets(Consolidated)
(Unit:Millions of yen)
FY2023
(As of September 30, 2022) | ||||||
Item | Amount | Composition | ||||
ratio | ||||||
(Assets) | % | |||||
Ⅰ Current assets | ||||||
1. | Cash and deposits | 10,946 | ||||
2. | Notes and accounts receivable - trade | 26,690 | ||||
3. | Electronically recorded monetary claims - operating | 1,976 | ||||
4. | Merchandise and finished goods | 11,521 | ||||
5. | Work in process | 1,485 | ||||
6. | Raw materials and supplies | 10,648 | ||||
7. | Other | 1,448 | ||||
8. | Allowance for doubtful accounts | △ | 117 | |||
Total current assets | 64,600 | 54.1 | ||||
Ⅱ Non-current assets | ||||||
1. Property,plant and equipment | ||||||
(1) | Buildings and structures | 16,953 | ||||
(2) | Machinery, equipment and vehicles | 15,983 | ||||
(3) | Land | 5,005 | ||||
(4) | Construction in progress | 1,344 | ||||
(5) | Other | 1,090 | ||||
Total property,plant and equipment | 40,378 | 33.8 | ||||
2. | Intangible assets | |||||
(1) | Other | 1,816 | ||||
Total intangible assets | 1,816 | 1.5 | ||||
3. | Investments and other assets | |||||
(1) | Investment securities | 7,355 | ||||
(2) | Retirement benefit asset | 2,927 | ||||
(3) | Deferred tax assets | 296 | ||||
(4) | Other | 396 | ||||
(5) | Allowance for doubtful accounts | △ | 143 | |||
Total investments and other assets | 10,833 | 9.1 | ||||
Total non-current assets | 53,028 | 44.4 | ||||
Ⅲ Deferred assets | ||||||
1. | Business commencement expenses | 1,826 | ||||
Total deferred assets | 1,826 | 1.5 | ||||
Total assets | 119,455 | 100.0 | ||||
FY2024
(As of September 30, 2023)
Amount(A) | Composition | |
ratio | ||
% | ||
11,449 | ||
24,278 | ||
2,368 | ||
12,679 | ||
1,722 | ||
9,826 | ||
1,555 | ||
△ | 109 | |
63,771 | 52.0 | |
16,520 | ||
13,958 | ||
5,001 | ||
4,561 | ||
1,040 | ||
41,082 | 33.5 | |
1,636 | ||
1,636 | 1.3 | |
9,662 | ||
4,031 | ||
335 | ||
349 | ||
△ | 79 | |
14,298 | 11.7 | |
57,017 | 46.5 | |
1,930 | ||
1,930 | 1.5 | |
122,720 | 100.0 | |
FY2023 | Increase | ||||
(As of March 31, 2023) | /Decrease | ||||
Amount(B) | Composition | (A)-(B) | |||
ratio | |||||
% | |||||
11,140 | 309 | ||||
23,461 | 817 | ||||
1,965 | 403 | ||||
12,609 | 70 | ||||
1,649 | 73 | ||||
9,954 | △ | 127 | |||
2,129 | △ | 574 | |||
△ | 110 | 0 | |||
62,799 | 52.8 | 972 | |||
16,628 | △ | 108 | |||
14,809 | △ | 850 | |||
4,993 | 7 | ||||
2,927 | 1,634 | ||||
1,083 | △ | 43 | |||
40,442 | 34.0 | 639 | |||
1,678 | △ | 41 | |||
1,678 | 1.4 | △ | 41 | ||
7,837 | 1,825 | ||||
3,895 | 135 | ||||
231 | 103 | ||||
322 | 27 | ||||
△ | 75 | △ | 3 | ||
12,210 | 10.2 | 2,088 | |||
54,331 | 45.6 | 2,685 | |||
1,904 | 26 | ||||
1,904 | 1.6 | 26 | |||
119,035 | 100.0 | 3,685 | |||
5
DATA BOOK 2024
(Unit:Millions of yen)
FY2023
(As of September 30, 2022) | ||||||
Item | Amount | Composition | ||||
ratio | ||||||
(Liabilities) | % | |||||
Ⅰ Current liabilities | ||||||
1. | Notes and accounts payable - trade | 10,248 | ||||
2. | Electronically recorded obligations - operating | 1,176 | ||||
3. | Short-term borrowings | 17,469 | ||||
4. | Income taxes payable | 496 | ||||
5. | Accrued consumption taxes | 75 | ||||
6. | Provision for bonuses | 1,207 | ||||
7. | Provision for bonuses for directors (and other officers) | 10 | ||||
8. | Provision for repairs | 501 | ||||
9. | Provision for loss on business liquidation | - | ||||
10. | Notes payable - facilities | 125 | ||||
11. | Other | 7,855 | ||||
Total current liabilities | 39,168 | 32.8 | ||||
Ⅱ Non-current liabilities | ||||||
1. | Bonds payable | 10,000 | ||||
2. | Long-term borrowings | 3,700 | ||||
3. | Deferred tax liabilities | 1,820 | ||||
4. | Retirement benefit liability | 317 | ||||
5. | Asset retirement obligations | 2,178 | ||||
6. | Other | 265 | ||||
Total non-current liabilities | 18,282 | 15.3 | ||||
Total liabilities | 57,450 | 48.1 | ||||
(Net assets) | ||||||
Ⅰ Shareholders' equity | ||||||
1. | Share capital | 3,343 | ||||
2. | Capital surplus | 3,564 | ||||
3. | Retained earnings | 45,110 | ||||
4. | Treasury shares | △ | 1,211 | |||
Total shareholders' equity | 50,806 | 42.5 | ||||
Ⅱ Accumulated other comprehensive income | ||||||
1. | Valuation difference on available-for-sale securities | 2,562 | ||||
2. | Foreign currency translation adjustment | 3,839 | ||||
3. | Remeasurements of defined benefit plans | 1,144 | ||||
Total accumulated other comprehensive income | 7,546 | 6.3 | ||||
Ⅲ Non-controlling interests | 3,651 | 3.1 | ||||
Total net assets | 62,005 | 51.9 | ||||
Total liabilities and net assets | 119,455 | 100.0 | ||||
FY2024
(As of September 30, 2023)
Amount(A) | Composition | |
ratio | ||
% | ||
8,491 | ||
1,214 | ||
25,472 | ||
376 | ||
190 | ||
1,049 | ||
- | ||
429 | ||
951 | ||
151 | ||
7,245 | ||
45,573 | 37.1 | |
10,000 | ||
5,162 | ||
2,743 | ||
315 | ||
2,232 | ||
142 | ||
20,596 | 16.8 | |
66,170 | 53.9 | |
3,343 | ||
3,564 | ||
39,693 | ||
△ | 1,211 | |
45,389 | 37.0 | |
4,199 | ||
3,671 | ||
1,598 | ||
9,470 | 7.7 | |
1,690 | 1.4 | |
56,550 | 46.1 | |
122,720 | 100.0 | |
FY2023 | Increase | |||
(As of March 31, 2023) | /Decrease | |||
Amount(B) | Composition | (A)-(B) | ||
ratio | ||||
% | ||||
9,973 | △ | 1,482 | ||
1,074 | 139 | |||
19,645 | 5,827 | |||
336 | 40 | |||
67 | 123 | |||
1,036 | 13 | |||
- | - | |||
414 | 15 | |||
1,179 | △ | 228 | ||
219 | △ | 67 | ||
8,167 | △ | 921 | ||
42,113 | 35.4 | 3,460 | ||
10,000 | - | |||
5,407 | △ | 244 | ||
2,372 | 370 | |||
298 | 16 | |||
2,161 | 71 | |||
172 | △ | 30 | ||
20,412 | 17.1 | 184 | ||
62,526 | 52.5 | 3,644 | ||
3,343 | - | |||
3,564 | - | |||
40,922 | △ | 1,229 | ||
△ | 1,211 | - | ||
46,618 | 39.2 | △ | 1,229 | |
2,933 | 1,265 | |||
2,819 | 852 | |||
1,710 | △ | 111 | ||
7,464 | 6.3 | 2,006 | ||
2,426 | 2.0 | △ | 736 | |
56,509 | 47.5 | 40 | ||
119,035 | 100.0 | 3,685 | ||
6
DATA BOOK 2024
Statements of Income(Consolidated)
(Unit:Millions of yen) | |||
FY2023 | FY2024 | Increase | FY2023 |
'22/4-'22/9 | '23/4-'23/9 | /Decrease | '22/4-'23/3 |
Item | Amount | Ratio | Amount | Ratio | Amount | Rate of | Amount | Ratio | ||||||||||
Change | ||||||||||||||||||
% | % | % | % | |||||||||||||||
Ⅰ Net sales | 41,712 | 100.0 | 34,672 | 100.0 | △ | 7,040 | △ | 16.9 | 79,431 | 100.0 | ||||||||
Ⅱ Cost of sales | 33,915 | 81.3 | 29,527 | 85.2 | △ | 4,387 | △ | 12.9 | 67,859 | 85.4 | ||||||||
Gross profit | 7,796 | 18.7 | 5,144 | 14.8 | △ | 2,652 | △ | 34.0 | 11,571 | 14.6 | ||||||||
Ⅲ Selling, general and administrative expenses | 7,360 | 17.7 | 6,972 | 20.1 | △ | 388 | △ | 5.3 | 14,479 | 18.3 | ||||||||
Operating profit (loss) | 436 | 1.0 | △ | 1,827 | △ | 5.3 | △ | 2,263 | - | △ | 2,907 | △ | 3.7 | |||||
Ⅳ Non-operating income | ||||||||||||||||||
Interest income | 11 | 46 | 35 | 32 | ||||||||||||||
Dividend income | 130 | 115 | △ | 15 | 248 | |||||||||||||
Rental income from real estate | 51 | 21 | △ | 29 | 93 | |||||||||||||
Foreign exchange gains | 558 | 249 | △ | 309 | 413 | |||||||||||||
Other | 90 | 153 | 63 | 148 | ||||||||||||||
Total non-operating income | 842 | 2.0 | 586 | 1.7 | △ | 256 | △ | 30.4 | 935 | 1.2 | ||||||||
Ⅴ Non-operating expenses | ||||||||||||||||||
Interest expenses | 100 | 145 | 44 | 224 | ||||||||||||||
Provision for repairs | 367 | - | △ | 367 | 384 | |||||||||||||
Other | 53 | 65 | 11 | 105 | ||||||||||||||
Total non-operating expenses | 522 | 1.2 | 210 | 0.6 | △ | 312 | △ | 59.8 | 715 | 0.9 | ||||||||
Ordinary profit (loss) | 756 | 1.8 | △ | 1,451 | △ | 4.2 | △ | 2,208 | - | △ | 2,687 | △ | 3.4 | |||||
Ⅵ Extraordinary income | ||||||||||||||||||
Gain on sale of non-current assets | 2 | 4 | 2 | 1,059 | ||||||||||||||
Gain on sale of investment securities | 59 | 49 | △ | 10 | 303 | |||||||||||||
Total extraordinary income | 61 | 0.2 | 54 | 0.2 | △ | 7 | △ | 12.4 | 1,363 | 1.7 | ||||||||
Ⅶ Extraordinary losses | ||||||||||||||||||
Loss on sale and retirement of non-current assets | 119 | 121 | 2 | 284 | ||||||||||||||
Impairment losses | 1,573 | - | △ | 1,573 | 1,838 | |||||||||||||
Loss on valuation of investment securities | 0 | - | △ | 0 | 0 | |||||||||||||
Loss on liquidation of business | - | - | - | 1,205 | ||||||||||||||
Total extraordinary losses | 1,693 | 4.1 | 121 | 0.4 | △ | 1,571 | △ | 92.8 | 3,328 | 4.2 | ||||||||
Profit(Loss) before income taxes | △ | 874 | △ | 2.1 | △ | 1,519 | △ | 4.4 | △ | 644 | - | △ | 4,652 | △ | 5.9 | |||
Income taxes - current | 445 | 1.0 | 374 | 1.1 | △ | 70 | △ | 15.9 | 828 | 1.0 | ||||||||
Income taxes - deferred | △ | 144 | △ | 0.3 | △ | 243 | △ | 0.7 | △ | 99 | - | 54 | 0.1 | |||||
Profit(Loss) | △ | 1,176 | △ | 2.8 | △ | 1,650 | △ | 4.8 | △ | 474 | - | △ | 5,536 | △ | 7.0 | |||
Profit(Loss) attributable to non-controlling interests | 49 | 0.1 | △ | 897 | △ | 2.6 | △ | 946 | - | △ | 595 | △ | 0.8 | |||||
Profit(Loss) attributable to owners of parent | △ | 1,225 | △ | 2.9 | △ | 753 | △ | 2.2 | 472 | - | △ | 4,941 | △ | 6.2 | ||||
<Reference> Statements of Comprehensive Income(Consolidated) | ||||||||||||||||||
Profit(Loss) | △ | 1,176 | △ | 1,650 | △ | 474 | - | △ | 5,536 | |||||||||
Other comprehensive income | ||||||||||||||||||
Valuation difference on available-for-sale securities | △ | 771 | 1,265 | 2,036 | △ | 400 | ||||||||||||
Foreign currency translation adjustment | 1,936 | 1,014 | △ | 922 | 779 | |||||||||||||
Remeasurements of defined benefit plans, net of tax | △ | 82 | △ | 112 | △ | 29 | 489 | |||||||||||
Total other comprehensive income | 1,082 | 2,167 | 1,084 | 868 | ||||||||||||||
Comprehensive income | △ | 93 | 516 | 610 | - | △ | 4,668 | |||||||||||
7
DATA BOOK 2024
Statements of Cash Flows (Consolidated)
FY2023 | ||||
'22/4-'22/9 | ||||
Item | ||||
Amount | ||||
Ⅰ Cash flows from operating activities | ||||
Profit (loss) before income taxes | △ | 874 | ||
Depreciation | 1,698 | |||
Impairment losses | 1,573 | |||
Increase (decrease) in allowance for doubtful accounts | 7 | |||
Increase (decrease) in provision for bonuses | △ | 183 | ||
Increase (decrease) in provision for bonuses for directors (and other officers) | △ | 48 | ||
Increase (decrease) in retirement benefit liability | 14 | |||
Decrease (increase) in retirement benefit asset | △ | 20 | ||
Increase (decrease) in provision for loss on business liquidation | - | |||
Loss (gain) on sale and retirement of non-current assets | 117 | |||
Loss (gain) on sale of investment securities | △ | 59 | ||
Loss on valuation of investment securities | 0 | |||
Interest and dividend income | △ | 141 | ||
Interest expenses | 100 | |||
Decrease (increase) in trade receivables | 31 | |||
Decrease (increase) in inventories | △ | 944 | ||
Increase (decrease) in trade payables | △ | 1,324 | ||
Increase (decrease) in accrued consumption taxes | 427 | |||
Other | △ | 663 | ||
Subtotal | △ | 290 | ||
Interest and dividends received | 153 | |||
Interest paid | △ | 88 | ||
Income taxes refund (paid) | △ | 443 | ||
Net cash provided by (used in) operating activities | △ | 669 | ||
Ⅱ Cash flows from investing activities | ||||
Decrease (increase) in time deposits | - | |||
Purchase of property, plant and equipment | △ | 2,141 | ||
Proceeds from sale of property, plant and equipment | 13 | |||
Purchase of investment securities | △ | 128 | ||
Proceeds from sale of investment securities | 74 | |||
Purchase of intangible assets | △ | 33 | ||
Payments for deferred assets | △ | 456 | ||
Decrease (increase) in investments and other assets | 13 | |||
Other | △ | 20 | ||
Net cash provided by (used in) investing activities | △ | 2,680 | ||
Ⅲ Cash flows from financing activities | ||||
Net increase (decrease) in short-term borrowings | 3,847 | |||
Proceeds from long-term borrowings | - | |||
Repayments of long-term borrowings | △ | 66 | ||
Purchase of treasury shares | △ | 0 | ||
Dividends paid | △ | 476 | ||
Dividends paid to non-controlling interests | - | |||
Other | △ | 58 | ||
Net cash provided by (used in) financing activities | 3,247 | |||
Ⅳ Effect of exchange rate change on cash and cash equivalents | 539 | |||
Ⅴ Net increase (decrease) in cash and cash equivalents | 437 | |||
Ⅵ Cash and cash equivalents at beginning of period | 9,250 | |||
Ⅶ Cash and cash equivalents at end of period | 9,687 | |||
FY2024
'23/4-'23/9
Amount
△ | 1,519 |
2,779 | |
- | |
△ | 4 |
5 | |
- | |
15 | |
△ | 133 |
△ | 340 |
116 | |
△ | 49 |
- | |
△ | 161 |
145 | |
△ | 726 |
510 | |
△ | 1,569 |
330 | |
△ | 652 |
△ | 1,255 |
160 | |
△ | 126 |
△ | 297 |
△ | 1,518 |
316 | |
△ | 3,295 |
5 | |
△ | 19 |
51 | |
△ | 29 |
△ | 28 |
0 | |
△ | 1 |
△ | 3,000 |
5,499 | |
391 | |
△ | 695 |
- | |
△ | 476 |
- | |
△ | 41 |
4,677 |
331
490
9,286
9,777
(Unit:Millions of yen) | |
Increase | FY2023 |
/Decrease | |
'22/4-'23/3 | |
Amount | Amount |
△ | 644 | △ | 4,652 |
1,080 | 4,477 | ||
△ 1,573 | 1,838 | ||
△ | 11 | △ | 54 |
188 | △ | 348 | |
48 | △ | 58 | |
0 | △ | 3 | |
△ | 112 | △ | 988 |
△ | 340 | 1,155 | |
△ | 0 | △ | 775 |
10 | △ | 303 | |
△ | 0 | 0 | |
△ | 19 | △ | 280 |
44224
- 758 2,863
1,455 | △ | 1,898 | |
△ | 245 | △ | 1,603 |
△ | 97 | 135 | |
10 | 628 | ||
△ | 964 | 354 | |
7 | 284 | ||
△ | 38 | △ | 218 |
146 | △ | 996 | |
△ | 849 | △ | 575 |
316 | △ | 701 | |
△ 1,153 | △ | 6,046 | |
△ | 7 | 1,231 | |
108 | △ | 247 | |
△ | 23 | 478 | |
4 | △ | 69 | |
428 | △ | 542 | |
△ | 12 | 7 | |
19 | △ | 156 | |
△ | 319 | △ | 6,046 |
1,651 | 1,506 | ||
391 | 7,109 | ||
△ | 629 | △ | 438 |
0 | △ | 0 | |
0 | △ | 952 | |
- | △ | 448 | |
16 | △ | 110 | |
1,430 | 6,666 | ||
△ | 207 | △ | 7 |
53 | 36 | ||
36 | 9,250 | ||
89 | 9,286 |
8
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Arakawa Chemical Industries Ltd. published this content on 31 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2023 07:33:07 UTC.